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Electoral Incentives and Firm Behavior: Evidence from U.S. Power Plant Pollution Abatement

Doyle, Matthew; Di Maria, Corrado; Lange, Ian A.; … - 2016

Researchers have utilized the fact that many states have term limits (as opposed to being eligible for re-election) for governors to determine how changes in electoral incentives alter state regulatory agency behavior. This paper asks whether these impacts spill over into private sector...

Persistent link: https://www.econbiz.de/10011555569

France's environmental policies: Internalising global and local externalities

Egert, Balazs - 2012

France has a very ambitious environmental-policy agenda, aimed chiefly at cutting greenhouse gas (GHG) emissions but also at dealing with local air and water pollution, waste management and the conservation of biodiversity. The laws that followed the Grenelle de l'environnement encompass policy...

Persistent link: https://www.econbiz.de/10010283620

Sinking Land: Optimal Control of Subsidence

Sen, Suphi; Verhoeven, Dewy; Weikard, Hans-Peter - 2023

characterized by soft top soil. Economic activity in deltaic regions requires lowering the groundwater levels to keep the land … model recognizing this trade-off: we integrate the dynamics of land subsidence and groundwater management to derive optimal … paths for controlling the groundwater level. Applying our model to the paradigm case of Dutch agricultural peatlands, we …

Persistent link: https://www.econbiz.de/10014469856

Forging a Global Environmental Agreement through Trade Sanctions on Free Riders?

Eichner, Thomas; Pethig, Rüdiger - 2015

This paper studies the formation of self-enforcing global environmental agreements in a world economy with international trade and two groups of countries that differ with respect to fuel demand and environmental damage. It investigates whether the signatories’ threat to embargo (potential)...

Persistent link: https://www.econbiz.de/10011307070

Self-enforcing environmental agreements and international trade

Eichner, Thomas; Pethig, Rüdger - 2013

In the basic model of the literature on international environmental agreements (IEAs) (Barrett 1994; Rubio and Ulph 2006) the number of signatories of self-enforcing IEAs does not exceed three, if non-positive emissions are ruled out. We extend that model by introducing a composite consumer good and...

Persistent link: https://www.econbiz.de/10010291654

Trade Tariffs and Self-Enforcing Environmental Agreements

Eichner, Thomas; Pethig, Rüdiger - 2013

In the basic model of international environmental agreements (IEAs) (Barrett 1994, Rubio and Ulph 2006) extended by international trade, self-enforcing - or stable - IEAs may comprise up to 60% of all countries (Eichner and Pethig 2013). But these IEAs reduce total emissions only slightly...

Persistent link: https://www.econbiz.de/10010328713

Stable climate coalitions (Nash) and international trade

Eichner, Thomas; Pethig, Rüdiger - 2012

The basic model of the literature on self-enforcing international environmental agreements is a model of autarkic countries. We extend that model by international trade and investigate its impact on the performance of Nash coalitions and on their stability, in particular, in a general...

Persistent link: https://www.econbiz.de/10010287566

Climate Actions and Stranded Assets: The Role of Financial Regulation and Monetary Policy

Diluiso, Francesca; Annicchiarico, Barbara; Kalkuhl, … - 2020

Limiting global warming to well below 20C may result in the stranding of carbon-sensitive assets. This could pose substantial threats to financial and macroeconomic stability. We use a dynamic stochastic general equilibrium model with financial frictions and climate policy to study the risks a...

Persistent link: https://www.econbiz.de/10012269556

Effects of Carbon Pricing and Other Climate Policies on CO2 Emissions

Kohlscheen, Emanuel; Moessner, Richhild; Takáts, Elod - 2021

We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate national level. Our results are based on a comprehensive database of 121 countries. As climate policies we examine carbon taxes and emissions trading systems (ETS), as well as...

Persistent link: https://www.econbiz.de/10012799647

International Environmental Agreements When Countries Behave Morally

Eichner, Thomas; Pethig, Rüdiger - 2022

In the standard theoretical literature on forming international environmental agreements (IEAs) countries use to be self-interested materialists and stable coalitions are small. This paper analyzes IEA games with countries that exhibit Kantian moral behavior. Countries may behave morally with...

Persistent link: https://www.econbiz.de/10013470348

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